If you want useful financial information for your business then start from the end and work backwards to the beginning. Ask yourself: 🔵 what financial information do we need to measure and improve business performance? 🔵 who needs this information and when? 🔵 will everyone understand what they're looking at and what to do with it? And once you know what you're looking to achieve you can look backwards and ask: 🔵 how do we organise our accounting and bookkeeping workflows to get where we want to go? Perhaps because there's usually a feeding-frenzy around data-entry, getting transactions into the system is where people focus their energy and don't give enough thought to what's going to come out at the other end. Which is how you can end up all too easily in the wrong place. Don't be like these guys: https://bit.ly/3ToTmW2 #xero #quickbooks #managementinformation
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If you want useful financial information for your business then start from the end and work backwards to the beginning. Ask yourself: 🔵 what financial information do we need to measure and improve business performance? 🔵 who needs this information and when? 🔵 will everyone understand what they're looking at and what to do with it? And once you know what you're looking to achieve you can look backwards and ask: 🔵 how do we organise our accounting and bookkeeping workflows to get where we want to go? Perhaps because there's usually a feeding-frenzy around data-entry, getting transactions into the system is where people focus their energy and don't give enough thought to what's going to come out at the other end. Which is how you can end up all too easily in the wrong place. Don't be like these guys: https://bit.ly/3ToTmW2 #xero #quickbooks #managementinformation
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If you want useful financial information for your business then start from the end and work backwards to the beginning. Ask yourself: 🔵 what financial information do we need to measure and improve business performance? 🔵 who needs this information and when? 🔵 will everyone understand what they're looking at and what to do with it? And once you know what you're looking to achieve you can look backwards and ask: 🔵 how do we organise our accounting and bookkeeping workflows to get where we want to go? Perhaps because there's usually a feeding-frenzy around data-entry, getting transactions into the system is where people focus their energy and don't give enough thought to what's going to come out at the other end. Which is how you can end up all too easily in the wrong place. Don't be like these guys: https://buff.ly/48KosM8 #xero #quickbooks #managementinformation
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If you want useful financial information for your business then start from the end and work backwards to the beginning. Ask yourself: 🔵 what financial information do we need to measure and improve business performance? 🔵 who needs this information and when? 🔵 will everyone understand what they're looking at and what to do with it? And once you know what you're looking to achieve you can look backwards and ask: 🔵 how do we organise our accounting and bookkeeping workflows to get where we want to go? Perhaps because there's usually a feeding-frenzy around data-entry, getting transactions into the system is where people focus their energy and don't give enough thought to what's going to come out at the other end. Which is how you can end up all too easily in the wrong place. #xero #quickbooks #managementinformation #fractionalfd #fractionalcfo
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Conducting weekly cash flow analyses in QuickBooks provides insights into financial health and aids in proactive management. 🟢🌟 #WeeklyQuickBooks #CashFlowAnalysis #FinancialHealth #ProactiveManagement #MichelleThePlanner #CashFlowTrends #FinancialInsights #WeeklyReview #BusinessFinance #CashManagement
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Conducting weekly cash flow analyses in QuickBooks provides insights into financial health and aids in proactive management. 🟢🌟 #WeeklyQuickBooks #CashFlowAnalysis #FinancialHealth #ProactiveManagement #MichelleThePlanner #CashFlowTrends #FinancialInsights #WeeklyReview #BusinessFinance #CashManagement
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Is it time to make your move? Which options should you consider? What are the hidden costs of waiting? This paper outlines some of the key factors you should assess when you’re considering whether to “graduate” from QuickBooks and step up to scalable business-class financial management solution. Download Now: https://lnkd.in/gGvJYt5Y
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Power Up Your Finances with Metlone Books! Say goodbye to financial chaos and hello to seamless accounting! ✨ Automated Accounting ✨ Advanced Tax Management ✨ Inventory Tracking ✨ Multi-User & Multi-Location Support ✨ Comprehensive Financial Reporting 📞 Call us at 1800 123 4748 to get started today! #MetloneBooks #FinanceMadeEasy #SmartAccounting #BusinessGrowth #FinancialSuccess
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The Key to Analysis: Your Chart of Accounts I often hear from clients who feel overwhelmed or confused by their Chart of Accounts (COA). It’s understandable—this foundational tool can make or break your financial clarity. Your COA isn’t just a list of accounts; it’s what flows through your financial reports. Want your reports to be a simple, easy-to-share one-pager? Start with a streamlined COA. Simplicity ensures others can quickly understand your numbers without confusion. Prefer a more detailed, granular version of your balance sheet or income statement? QuickBooks offers various report types to cater to those needs, but it all starts with how your COA is structured. Bottom line: Your reports reflect the items on your COA. A well-set foundation leads to clear, actionable insights and less stress comes tax time. Need help simplifying or structuring your Chart of Accounts? Let’s make sure your financial foundation is rock-solid. 💼 #Bookkeeping #SmallBusiness #QuickBooksTips #FinancialClarity #BusinessGrowth
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Helping businesses thrive with expert accounting and bookkeeping services! 🌟 Our team provides in-depth financial analysis, strategic insights, and the latest tech solutions to keep your finances on point and your decisions smarter. 💼📊 #BookkeepingServices #AccountingMadeEasy #SmallBusinessFinance #AccountingExperts #SmartFinancialDecisions #BusinessGrowth #ElevarAccounting
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What's stopping you from choosing the right QuickBooks version for your construction business? It might be the overwhelming number of options and the uncertainty about which one fits your specific needs. Our guidance can help simplify the process, ensuring you select the best version for job cost and management reporting. Boost your confidence in financial decision-making and maximize profitability with the right tools and support. Read our article to learn more: https://lnkd.in/gs6q_E_N #ConstructionAccounting #QuickBooks #BusinessGrowth #constructionprofits, #jobcosting, #constructionaccounting
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